Evergrande Real Estate's 16.32 billion shares were frozen.
Tianyancha's risk information shows that recently, Baoneng Real Estate Co., Ltd. has added a new equity freeze information. The equity is held by Baoneng City Limited Company, with a frozen amount of 1.632 billion RMB and a freeze period of 3 years. The executing court is the Intermediate People's Court of Shenzhen City, Guangdong Province. Baoneng City Limited Company was established in April 2013, with Wang Zhifang as the legal representative and a registered capital of 3.2 billion RMB. Its business scope includes investing in industries, leasing self-owned properties, and economic information consulting. Shareholder information shows that the company is jointly held by Baoneng Real Estate Co., Ltd. and Shenzhen Lujin Investment Co., Ltd.
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